News & Events
Fidelity National Capital, Inc. Acquisition
September 25, 2009 - Winthrop Resources Corporation Acquires Fidelity National Capital, Inc.
MINNETONKA, Minn., Sep 25, 2009 (BUSINESS WIRE) -- Winthrop Resources Corporation, a wholly-owned subsidiary of TCF Financial Corporation ("TCF") (NYSE:TCB) today announced that it has acquired for cash Fidelity National Capital, Inc., a wholly-owned subsidiary of Fidelity National Financial (NYSE:FNF). Fidelity National Capital, Inc. manages a portfolio comprised of approximately $250 million in leases.
"We are very excited about this acquisition," said Craig Dahl, Chairman of Winthrop Resources Corporation and Executive Vice President of TCF Financial Corporation. "Winthrop is a national leader in providing technology leasing solutions and this acquisition will accelerate its growth and enhance its ability to deliver shareholder value."